According to foreign reports, Google parent Alphabet Thursday released the company 2016 fourth-quarter earnings. Alphabet fourth-quarter revenue of 26.064 billion US dollars, an increase of 22%; net profit of 5.333 billion US dollars, an increase of 8.3%.

August 10, 2015, Google announced that it will reorganize the new holding company Alphabet, and use the new operating structure. October 2, 2015, Google announced the implementation of holding company restructuring, Alphabet became Google's successor. From the first quarter of 2016, Alphabet earnings are divided into Google and other business two parts. Google includes Internet and related business, hardware products and virtual reality product performance. Google Internet and related businesses including search, advertising, maps, YouTube, Android, Chrome, Google Play, Google hardware products, including Chromecast, Chromebook notebook and Nexus phone. Other investments include Alphabet's other businesses, including Access and Energy, biotechnology company Calico, smart home company Nest, life sciences company Verily, Google Ventures, Google Capital and Google X. .

Alphabet fourth quarter results:

- Alphabet fourth quarter total revenue of 260.64 billion US dollars, compared with 21.329 billion US dollars last year, an increase of 22%. At constant exchange rates, Alphabet's total revenue for the fourth quarter will increase 24% year-over-year.

- Google fourth-quarter revenue of 25.802 billion US dollars, compared with 21.179 billion US dollars the previous year increased by 22%.

- In accordance with US GAAP, Alphabet fourth quarter net profit of 5.333 billion US dollars, compared to 4.93 billion US dollars. Not in accordance with US GAAP, Alphabet fourth quarter net profit of $ 65.93 billion, compared to $ 6.043 billion in the same period last year.

- In accordance with GAAP, Alphabet fourth quarter of Class A, Class B common stock earnings per share were $ 7.56, compared to $ 7.06; category C capital stock earnings per share were $ 7.56, compared to $ 7.06 a year earlier. Not in accordance with US GAAP, Alphabet fourth quarter Class A, B and C shares of $ 9.36 per share, compared with the same period last year, A class, B class and C class stock earnings per share of $ 8.67.

Alphabet fourth quarter total revenue of 26.064 billion US dollars, compared with 21.329 billion US dollars last year, an increase of 22%. At constant exchange rates, Alphabet's total revenue for the fourth quarter will increase 24% year-over-year.

Alphabet fourth-quarter revenue of 10.661 billion US dollars in revenue, accounting for 41% of revenue; Alphabet last year revenue cost of 8.188 billion US dollars, accounting for 38% of revenue.

Alphabet fourth-quarter operating expenses of 8.764 billion US dollars, accounting for 34% of revenue. Alphabet last year operating expenses of 7.761 billion US dollars, accounting for 36% of revenue.

Alphabet's fourth-quarter depreciation, equipment-related losses and amortization expenses were $ 1,687 million, compared to $ 1,404 million for the same period last year.

In accordance with US GAAP, Alphabet fourth quarter net profit of 5.333 billion US dollars, compared to 4.93 billion US dollars. Not in accordance with US GAAP, Alphabet fourth quarter net profit of $ 65.93 billion, compared to $ 6.043 billion in the same period last year.

In accordance with the US GAAP, Alphabet fourth quarter, Class A, Class B common stock earnings per share were $ 7.56, compared to $ 7.06; C class capital stock earnings per share were $ 7.56, compared to 7.06 US dollars. Not in accordance with US GAAP, Alphabet fourth quarter Class A, B and C shares of $ 9.36 per share, compared with the same period last year, A class, B class and C class stock earnings per share of $ 8.67.

As of December 31, 2016, Alphabet held cash, cash equivalents and variable current securities totaled $ 86.333 billion, as of December 31, 2015 for $ 73,066,000,000. Alphabet's fourth-quarter capital spending was $ 3.078 billion, up from $ 2.102 billion a year ago.

As of December 31, 2016, Alphabet employs a total of 72053 full-time employees worldwide, as of December 31, 2015 to 61,814.

Google fourth-quarter results:

Google's fourth-quarter revenue of 25.802 billion US dollars, compared with 21.179 billion US dollars the previous year increased by 22%.

Google in the fourth quarter through the Google site generated revenue of 17.968 billion US dollars, compared with 14.936 billion US dollars last year, an increase of 20%.

Google in the fourth quarter through the Google partner site through the AdSense program generated revenue of $ 44.31 billion, compared with $ 4,142,000,000 last year increased by 7%.

Google's fourth-quarter total advertising revenue of 22.399 billion US dollars, compared with 19.078 billion US dollars last year, an increase of 17%.

Google's other fourth-quarter revenue of $ 3.403 billion, compared with 2.101 billion US dollars last year, an increase of 62%.

Google's total paid hits in the fourth quarter (including clicks related to ads on Google's site group and Network members' sites) were up about 36 percent from the year-ago quarter and 20 percent from the previous quarter. The fourth-quarter pay-per-click (including clicks related to ads on non-Google sites participating in AdSense for Search, AdSense for Content, and AdMob) was up about 43% year-over-year and 23% quarter-over-quarter.

Google's fourth-quarter average cost-per-click (including clicks related to ads on Google's site group and Network members' sites) fell 15 percent from last year and 9 percent from the previous quarter. Google site group in the fourth quarter average cost per click over the same period last year fell by about 16% over the previous quarter by 11% decline.

Google fourth-quarter traffic to get spending, that is, with partners to share revenue of $ 4.848 billion, accounting for 22% of Google's advertising revenue; traffic last year to obtain spending $ 4.055 billion, accounting for 21% of Google advertising revenue.

In the fourth quarter of Google's traffic to spend money, there will be 3.082 billion US dollars paid to the AdSense partners, the same period last year to 2.864 billion US dollars; another 1.766 billion US dollars will eventually be paid to specific distribution partners, a year earlier to 11.91 Billion dollars.

Google's fourth quarter operating profit of $ 7.883 billion, higher than $ 6.744 billion in the same period last year; not in accordance with US GAAP, Google fourth quarter operating profit of $ 95.36 billion, higher than $ 80.22 a year earlier.

Google's fourth-quarter capital spending was $ 2,888 million, up from $ 1,787 million in the same period last year; fourth-quarter impairment, amortization and asset impairment charges were $ 1,586,000,000, compared with $ 1,313,000,000.

Other business fourth quarter results:

Other business Revenue for the fourth quarter was $ 262 million, up from $ 150 million a year earlier.

Other operations in the fourth quarter operating loss of 1.088 billion US dollars, a year earlier operating loss of 1.213 billion US dollars. Not in accordance with US GAAP, other operations in the fourth quarter operating loss of $ 927 million, an operating loss of 1.082 billion US dollars a year earlier.

Other business In the fourth quarter, capital expenditures were $ 504 million, compared with $ 193 million in the prior year period.

Other business impairment, amortization and asset impairment charges were $ 101 million, compared to $ 70 million in the prior year period.

Market expectations and stock performance:

Not in accordance with US GAAP, Alphabet fourth quarter, Class A, B and C shares of $ 9.36 per share, less than market expectations. Thomson Reuters survey, in accordance with US GAAP, Alphabet fourth quarter earnings per share were $ 9.67, revenue of $ 25.22 billion.

Alphabet shares on Thursday in the Nasdaq stock market regular trading rose 3.52 US dollars, or 0.42 percent, to close at 832.15 US dollars. To press time, subject to market expectations by the impact of performance, the company's share price in after-hours trading down $ 18.30, down 2.20%, to close at $ 813.85. Over the past 52 weeks, Alphabet lowest price of 663.06 US dollars, the highest price of 838.00 US dollars. According to Thursday's closing price, Alphabet market value of about 581.1 billion US dollars. (Compiled / Mingxuan)